Multiple shareholders have described Frasers Group’s takeover attempt of ASX-listed Accept as opportunistic ahead of a crucial AGM later this month.
Mike Ashley’s bid to topple the Lawrence Myers-led Accent Group board is facing growing backlash with at least one proxy firm and multiple shareholders publicly opposing a spill.
Ashley’s Frasers Group lobbed a premium-less takeover bid for the $411 million ASX-listed Accent Group in June, and quickly declared its 65¢ a share bid best-and-final.
Gift articles to anyone you choose each month when you subscribe.
Compare how 2 other independent news outlets reported on this story.
The Test captain kept his promise to answer all questions at a press conference that made his position clear and filled some but not all gaps
A reported deal could bring Adrian Fini’s development empire into a $250-million modular housing venture with national ambitions…
